Would be an awful move? It\'s a done deal.
NEW YORK (CNNfn) - The World Wrestling Federation Entertainment Inc. agreed Friday to acquire rival World Championship Wrestling, ending a near 20-year rivalry.
Stamford, Conn.-based World Wrestling Federation Entertainment (WWF: Research, Estimates) now has global rights to the World Championship Wrestling brand, tape library and other intellectual rights.
TNN is anticipated to be the new home of WCW, a WWF spokesman said, and WCW will not air on TNT or WTBS. Cross-brand storylines may start as soon as Monday during the "WWF Raw is War" on TNN and Monday\'s final performance of "WCW Monday Nitro Live" on Turner Network Television.